Shanghai REFIRE Group Approves Key Resolutions at 2025 EGM
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Shanghai REFIRE Group Ltd. held its 2025 extraordinary general meeting, where key resolutions were passed, including the adoption of the 2025 H Share Incentive Scheme and amendments to the Pre-IPO Share Option Scheme, both receiving over 99% approval. A resolution for related party transactions concerning hydrogen fuel cell systems was also approved with over 99% support. These decisions aim to strengthen the company's market position in the hydrogen fuel cell sector. The current analyst rating for the stock (HK:2570) is a Hold with a price target of HK$137.00.
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